More than Half of Firms Are Not Producing MiFID II RTS 27 Best Ex Reports

More than Half of Firms Are Not Producing MiFID II RTS 27 Best Ex Reports

Posted on Wed, Nov 14, 2018 @ 7:40

By Hayley McDowell
November 13, 2018, The Trade

More than half of capital markets firms have stated that they are not currently producing RTS 27 reports in compliance with MiFID II best execution requirements despite having a legal obligation to do so, according to new figures.

Regulatory and compliance technology provider Cappitech surveyed around 100 capital markets firms earlier this year across the U.K. and Europe, with best execution reporting seemingly the most problematic MiFID II requirement.